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Friday, April 4, 2014

Natco Pharma rallies as US PTO rejects Teva's patent reissue application

Natco Pharma has rallied 7% after the company announced that the United States Patent and Trademark Office (PTO) has rejected Teva's patent reissue application for Copaxone.

HDIL rallies 30% post Kotak Securities stake buy

Housing Development and Infrastructure has surged over 16% its highest level since March 2013. On March 27, 2014 Kotak Securities Ltd. bought 2.13 million shares representing 0.50% stake in HDIL at Rs 51.56.

Tata Motors forays into the Philippines Automotive market

Tata Motors announced its entry into the Philippines market at the Manila International Auto Show (MIAS), 2014, held at the World trade Centre.

SAIL keeps prices unchanged in April

SAIL has kept its prices unchanged for the month of April amid weak demand and appreciation in the value of the rupee.

Crompton Greaves up 2% on USD 29 mn order in Indonesia

Shares of Crompton Greaves jumped over 2 percent as its power transformer plant at Indonesia bagged order worth USD 29 million. As part of the order, it will supply extra high voltage transformers for PT PLN‘s Indonesian electricity transmission network.

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